Memory Shortage to Last Until 2028, Micron Gains Share
MU has more than doubled off its 52-week low of $106.75 on light trading volume (0.3× avg).
Summary
Counterpoint Research says the memory supply crunch won't ease until 2028 at the earliest, as AI demand now strains conventional DRAM alongside HBM. Micron's DRAM revenue share hit 25%, just behind SK hynix's 26%, with revenue up fivefold since Q2 2025. The analysis adds a concrete timeline to the supply-demand imbalance that has already driven Micron's stock and margins to record levels. The key risk flagged is a potential AI capex pullback, which could reverse the pricing cycle before new capacity arrives.
At the time of this announcement, MU was trading at $920.24 on NASDAQ in the Technology sector, with a market capitalization of approximately $1T. The 52-week trading range was $106.75 to $1,255.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Benzinga.